Denali Capital Acquisition (NASDAQ:DECAU) Stock Price Down 1.3% – What’s Next?

Denali Capital Acquisition Corp. (NASDAQ:DECAUGet Free Report)’s stock price traded down 1.3% during trading on Friday . The stock traded as low as $11.84 and last traded at $11.84. 100 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 3,325 shares. The stock had previously closed at $12.00.

Denali Capital Acquisition Stock Down 1.3 %

The firm has a fifty day moving average of $11.86 and a 200 day moving average of $11.69.

About Denali Capital Acquisition

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Denali Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with companies primarily operating in the technology, consumer services, and hospitality sectors.

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